Showing 3 results for Shakeri
Dr Alimorad Sharifi, Dr Karim Azarbaijani, Dr Iraj Kazemi, Aboozar Shakeri,
Volume 1, Issue 1 (10-2010)
Abstract
Industrial energy demand analysis has always been one of the leading fields of research in economics. This issue is more critical in the case of developing countries especially those with transition experiences. In this paper, third generation of dynamic factor demand models for the Iranian manufacturing industries is estimated to analyze the speed of adjustment in factor demands. Data which is used in this study is an Iranian industrial plant based on two-digit international classification code during 1374-1386. The translog functional form is used as model specification. The main findings are the complementary relation between energy carriers, electricity, and capital and low adjustment speed of capital stock. In Iranian manufacturing industries, demand for energy carriers and capital, with expansion of manufacturing activities and technological change has increased, while the demand for labor has decreased.
Ali Takroosta, Parisa Mohajeri, Taymour Mohammadi, Abbas Shakeri , Abdoulrasoul Ghasemi ,
Volume 10, Issue 37 (10-2019)
Abstract
Oil price wild fluctuations impact the economies of developing countries as well as those of developed ones. Focusing on OPEC’s political risks as a proxy of precautionary demand, this study aims to disentangle oil price factors using an SVAR approach for 1994Q1 to 2016Q4. We disentangled oil price shocks into political risks, supplies, global demand for industrial goods and other oil price shocks. Our results highlight that shocks originated from different sources affect oil prices differently in terms of both their lifetime and directions. Besides, it is revealed that the structure of oil market has changed due to the 2008 financial crisis, increased oil price fluctuations, changes in OPEC’s behaviour and accordingly its market power, and the advent of new shale oil technologies, thus affecting oil price sensitivities. Therefore, we found out that OPEC’s political risks affected oil markets way more significantly in 2008-2016.
Dr Mahboobeh Khadem Nematollahi, Dr Teymour Mohammadi, Dr Abbas Shakeri, Dr Ali Asghar Salem,
Volume 15, Issue 57 (11-2024)
Abstract
The aim of this paper was to estimate the effects of unconventional monetary policy shocks using Narrative sign restrictions method as a novel method, imposing sign restriction on the impulse responses of real interest rate, GDP, GDP price deflator, nonborrowed reserves as well as Total Reserves in response to monetary policy shocks in Iran. Using Narrative sign restrictions model for the period 1983-2020 enables considering the effects of aforementioned five variables as well as identifying the effect of monetary policy shocks on these variables. Narrative sign restrictions constrain signs based on narrative information. According to the liquidity effect, results of the impulse responses function highlights decreasing real interest rate causes increasing in aggregate demand and GDP. With Narrative sign restrictions, real interest rate shocks also have significant impact on GDP through increasing it. To this aim, according to results and also with regard to the importance of unconventional monetary policy in response to crisis, this policy can be applied for resolving stagflation and this supplement policy can be applied besides other policies of Central Bank.
